🟢 Tech ETF (XLK) is trading 1.7% up in pre-market as investors buy the dip after AI-linked selloff

XLK is trading at $186.66 (+1.74%) as investors buy the dip after last week’s AI-linked tech selloff.

• Nasdaq 100 futures rose more than 1% in early trading; memory and storage stocks also rose pre-market, supporting the sector rebound.
• Upcoming results from Netflix, Tesla, Meta and IBM will test confidence in AI spending and the broader tech rally.
• No major U.S. economic indicators are scheduled for October 19.